USD/CHF Falls to 0.8060 as Dollar Weakens on Easing Risk Aversion
USD/CHF drops for a third day to around 0.8060, weighed by a weakening US Dollar as safe-haven flows ebb.
USDCHF
The USD/CHF pair traded near 0.8060 during Asian hours on Thursday, marking a third consecutive daily decline.
The move lower comes as the US Dollar faces headwinds from an easing of risk aversion, which reduces the greenback's safe-haven appeal.
A softer dollar environment has allowed the Swiss Franc to strengthen, pushing the pair to fresh short-term lows.
Source: FXStreet Forex News